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AI Summary

A stylish 44 sq. m apartment in a modern residential complex in Tivat will offer you an atmosphere of comfort just 400 meters from the sea. Bright interiors with a cozy living room, a private terrace, and access to a swimming pool make this property an ideal place to live or a profitable investment in Montenegro.

Residential complexesNo. 1687

Residential Complex in Tivat No. 1687

Tivat · Bay of Kotor
from€330,000
View: Sea view

Details

Area
44 m²
Bedrooms
1
Bathrooms
1
Floor
1/5
Year built
2020
Parking
Yes
To sea
400 m
Price per m²
€7,500

Description

A new residential complex near the famous Porto Montenegro. Porto Montenegro is an elite resort area with developed infrastructure, a beautiful promenade area, restaurants, boutiques, the best hotels, and a large yacht marina. This fashionable place attracts many tourists and lovers of beautiful, comfortable living. The distance to the historic old town of Kotor is 10 km, to the city of Budva 20 km, and to Tivat International Airport is only 5 km.

The complex consists of 5 residential residences and 66 apartments and is located in a green area of the city with a stunning view of the coast. It features high-quality European finishes, a management company, and good infrastructure: two private swimming pools, non-residential storage rooms, parking, and garages. In the immediate vicinity are two public schools and Knightsbridge Schools International, an international school for children aged 3 to 19. The school offers the International Baccalaureate program.

At present, 3 residential buildings are already ready for occupancy, while the remaining two are in the final stage of construction, 2022.

Amenities

Swimming poolSea ViewAir conditioningParkingTerraceManagement company

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€330,000
Property transfer tax
€13,500
€4,500 (3% × 150,000) + €9,000 (5% × 180,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€14,335
Estimated costs to purchase the propertyTotal: €344,335

Location

What's nearby

  • SchoolOŠ "Drago Milović"1.7 km
  • Kindergarten438 m
  • GroceriesFRANCA market60 m
  • PharmacyApoteka HELP245 m
  • RestaurantMirna Luka52 m
  • Bus stopTivat - ul. Palih boraca163 m
  • ATM160 m
  • AirportTivat Airport3.4 km
  • PortPine384 m
  • Sea400 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 400 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€330,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,642/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,695/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,722/mo
Monthly payment
€1,525
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€231,000
Total interest€134,879
Loan amount
€231,000
Total interest
€134,879
Total payment
€365,879

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€330,000
€7,500/m²No. 1687